What is Voatz?
Voatz is an award-winning mobile elections platform that leverages military-grade security and cutting-edge technology, including biometrics and a blockchain-based infrastructure, to enable voting via compatible smartphones and tablets. The company's mission is to increase accessibility and security in elections, addressing critical challenges in modern democratic processes. Its technology aims to provide a secure, auditable, and user-friendly voting experience.
How much funding has Voatz raised?
Voatz has raised a total of $7.4M across 2 funding rounds:
Series A
$7M
Debt
$439K
Series A (2019): $7M with participation from Oakhouse Partners, Medici Ventures, Techstars, and Urban Innovation Fund
Debt (2021): $439K led by PPP
Key Investors in Voatz
Oakhouse Partners
Oakhouse Partners supports companies that utilize breakthrough technologies to significantly enhance the quality of life for millions of individuals. Their focus is on innovative solutions that drive substantial improvements in various sectors.
Medici Ventures
Medici Ventures, a subsidiary of Overstock.com, Inc., leverages blockchain technology to solve real-world problems with transparent, efficient, and secure solutions, focusing on industries including identity, land governance, money and banking, capital markets, supply chain, and voting.
Techstars
Techstars is a global investment business that empowers entrepreneurs. They provide mentorship, capital, and connections to help startups grow and succeed.
What's next for Voatz?
With its recent major strategic investment, Voatz is poised to further scale its operations and enhance its platform's capabilities. The company's focus on security and accessibility in elections positions it for significant growth in a market increasingly seeking reliable digital solutions. Future developments are expected to concentrate on expanding its reach to more electoral bodies and refining its blockchain-based infrastructure to meet evolving security and regulatory standards. This strategic financing will likely fuel further research and development, solidifying Voatz's position as a leader in secure mobile voting technology.
See full Voatz company page